2062 Kittanning PikeParkerPA16049
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Parker at 2062 Kittanning Pike, Parker, PA, 16049 with 5% annual appreciation on a $1,250,000 basis while $1,295/mo rent supports operations. 06% in year one. Equity gained on principal adds $8,066/yr, and five-year appreciation sums $345,352 alongside rental yield of 1.24%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,295/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
25.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16049, Parker, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,760 (100%) |
| Owner Occupied HU | 1,110 (63.1%) |
| Renter Occupied HU | 231 (13.1%) |
| Vacant Housing Units | 419 (23.8%) |
| Median Home Value | $168,158 |
| Average Home Value | $234,410 |
Housing Distribution
Address Breakdown
Residential
1,312
Single Family
1,285
Multi-Family
27
Businesses
56
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Listed by: Paula Burtner • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700473
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.